Eagle Ford

Eagle Ford Shale Description ImageThe Eagle Ford shale formation in South Texas runs from the US-Mexico border north of Laredo in a narrow band extending northeast for several hundred miles to just north of Houston. It is located directly below the Austin Chalk. The average thickness of the Eagle Ford shale is about 475 feet. The more active part of the region is mainly in McMullen, Maverick, Dimmit, La Salle, Karnes, Live Oak, and Atascosa counties. The formation produces both natural gas and oil, but it is the oil-producing and gas condensate areas that are hottest right now.

Houston-based Apache Corp. and EOG Resources are two of the largest lease-holders in the Eagle Ford. Other major players include Petrohawk, Swift Energy, ExxonMobil, ConocoPhillips, Murphy Oil, Chesapeake, Cabot Oil & Gas, and Pioneer Natural Resources.

Eagle Ford Shale Map

Eagle Ford Shale News

Port Corpus Christi emerges as a growing transportation and storage hub for crude oil from Eagle Ford shale

Apr 16, 2014

Port Corpus Christi has emerged as a coastal gateway for crude produced in the Eagle Ford shale, with roughly 16.4 million bbl of crude moving out of the port in January primarily to refineries along the Gulf Coast, according to data compiled by ClipperData LLC.

EAGLE FORD Briefs

Apr 16, 2014

A conversation with BHP executive Rod Skaufel

Apr 16, 2014

Today, BHP is a prominent participant in the US unconventional oil and gas business, with operations spanning the Haynesville, Fayetteville, and Eagle Ford shales as well as the Permian basin.

BHP plans to double Eagle Ford output by 2016

Apr 16, 2014

BHP Billiton is focusing the bulk of its US onshore spending on the Eagle Ford shale this year and seeing promising results from field trials aimed at increasing production and reducing costs at its wells in the South Texas shale play.

Baker Hughes: US drilling rig count jumps to 1,831

Apr 11, 2014

The US drilling rig count jumped 13 units to reach 1,831 rigs working during the week ended Apr. 11, Baker Hughes Inc. reported.

ConocoPhillips raises estimates on Eagle Ford recoverable resources, production

Apr 11, 2014

ConocoPhillips has increased its estimated resource base in the Eagle Ford play to 2.5 billion bbl of oil in place from 1.8 billion bbl, as well as its estimated production from current volumes to more than 250,000 boe/d by 2017.

Proved reserves of US crude oil reach 36-year high in 2012

Apr 10, 2014

US proved reserves of crude oil at yearend 2012 were estimated at 33.4 billion bbl, up 15.4% from 2011 and the highest since 1976, according to a report released Apr. 10 by the US Energy Information Administration.

Magellan Midstream to build condensate splitter

Apr 1, 2014

Pipeline operator Magellan Midstream Partners LP, Tulsa, reported it will spend $250 million to build a 50,000 b/d capacity condensate splitter and other facilities at its Corpus Christi, Tex., terminal, which serves the Eagle Ford shale.

Baker Hughes: US drilling rig count rebounds to 1,809

Mar 28, 2014

The US drilling rig count gained back the 6 units it lost last week to reach 1,809 rigs working during the week ended Mar. 28, Baker Hughes Inc. reported.

EIA: Tight oil production pushes US supply to more than 10% of world’s total

Mar 26, 2014

US tight oil production averaged 3.22 million b/d in the fourth quarter of 2013, pushing overall US crude oil production to more than 10% of the world’s total production, up from 9% in fourth-quarter 2012, according to the US Energy Information Administration.

WoodMac: US tight-oil market ‘too robust to bust’

Mar 25, 2014

A drop in global oil price levels or a significant widening of the differential between global oil prices and inland realizations are just two of the ways the North American tight-oil boom could go bust, according to a recent analysis from Wood Mackenzie.

Baker Hughes: US drilling rig count drops to 1,803

Mar 21, 2014

After consecutive weeks of significant gains, the US drilling rig count lost 6 units to 1,803 rigs working during the week ended Mar. 21, Baker Hughes Inc. reported.

EIA: Harsh winter affected US heating expenditures, oil production

Mar 11, 2014

Worldwide liquids fuels consumption will increased by 1.2 million b/d this year and by 1.4 million b/d in 2015, according to the latest outlook from the US Energy Information Administration. In last month’s Short-Term Energy Outlook (STEO), EIA projected that global oil demand would climb by 1.3 million b/d in 2014 and 1.4 million b/d in 2015.

Devon, Crosstex complete merger of midstream assets

Mar 7, 2014

Devon Energy Corp., Oklahoma City, and Crosstex Energy LP, Dallas, have completed the merger of their midstream assets to form general partner EnLink Midstream LLC and master limited partnership EnLink Midstream Partners LP. A definitive agreement on the deal was signed in October 2013.

The next Eagle Ford

Mar 3, 2014

The Eagle Ford shale is one of the largest oil fields in the US and quite possibly the largest single economic development in the history of Texas.

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